M-MTax
Level 12

Get your taxes done using TurboTax


@keyvie wrote:

line 17 shows 37,696

line 18 shows 32,375

line 23 shows 4,721


Line 18 indicates that you did not distribute all income and gains based upon Line 17. Therefore you have taxable income of $4721. Sch G Line 1 is the tax based on Line 23. Turbotax throws a Sch I in apparently for some reason. The estate probably is not even subject to AMT......need more info but probably not.